About Chain-key USDT CKUSDT

ckUSDT is a digital twin of USDT on the Internet Computer Protocol network. Fully backed 1:1 by USDT, ckUSDT is powered by Chain-key technology which allows for cross chain interoperability without centralized intermediaries or bridges. Canister smart contracts on ICP can integrate with the Ethereum network using a combination of replicated HTTPS outcalls to a known set of public Ethereum nodes to read state and submit transactions, and chain-key ECDSA (ckECDSA) signatures, an enhanced version of threshold ECDSA, to sign those submitted transactions. Building upon this integration framework, ckUSDT is a pair of canister smart contracts that utilize HTTPS outcalls and ckECDSA services. The ckETH minter and ckUSDT ledger contracts work together to enable users and smart contracts to send and receive USDT value within seconds with negligible transaction fees, and no gas fees, while also always allowing users and smart contracts to send and receive USDT value to and from the Ethereum network. ckUSDT exposes ICRC-1 and ICRC-2 ledger interfaces (the fungible token standards of ICP), making it simple for all wallets on the Internet Computer to offer ckUSDT support.

Chain-key USDT (CKUSDT) Price Data

Chain-key USDT (CKUSDT) price has decreased today.

Chain-key USDT price today is $1.0063 with a 24-hours trading volume up by -- %. CKUSDT price is down in the last 24 hours. It has a circulating supply is 869,675 CKUSDT coins and a total supply of 868,553.